RE:RE:obama speechI agree the market has topped today. it peaked then started to sell off miday.
bonds rallied then sold off. gold rallied then sold off.
due to the deflation concerns in the US and Euro and weak data everywhere.
the economy needs QE to lower rates and weaken the USD.
the stock market has peaked either way, too much weak data will sell it off.
QE4 100B will be the first step then they have to hope the USD weakens enough to compete for jobs again.
Obama has no idea what hes talking about now. no one is hiring, its too late.
some are warning its now or never for the US economy if they slip into a reccession again it will be impossible to get out.
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summers kohn Geitner all dont want the job for that reason they see its too late and its either recession or QE4 and QE4 might even be a little late.
other countries will counter the QE4 with their own strenghening the USD. never ending.
maybe they are screwed and Japan will dominate.